Gambling companies are required to develop their own policies and rules for identifying and managing the risk of money laundering and terrorist financing, both in terms of customers, activities performed, and types of transactions.
We are in 2021, the online gaming industry is very well regulated in Romania and in line with legislative models in the EU, but with better taxation and many extra advantages
The most important issue for most online casino players is to make transactions fast and secure. That’s why gambling companies accept different payment methods and try to make instant and convenient deposits and withdrawals.
In early 2002, the Greek authorities banned all forms of online gambling, later in 2011 issuing temporary licenses. After ten years of domination by a state-run monopoly, the Hellenic Gaming Commission has moved to issue permanent licenses again and develop the country’s gambling industry.
The Online Gambling has registered consistent growth and is one of the most lucrative businesses today. According to stats, online gambling’s total revenue is expected to rise to USD94.80 billion by 2024. There is no better time to set up an online gambling company.
illegal online gambling in the country and added a number of sites to its blacklist of unlicensed operators.
The Irish government has issued a new law to regulate the gambling industry after Justice Department Secretary of State James Browne launched the new bill last week. The new law aims to include older laws, which have been described as “outdated”, some of which date back to the 1930s.
The liberal legislation and competitive tax policy of the Isle of Man make it a very attractive jurisdiction for online gambling businesses. The Isle of Man gambling license is a true quality mark for an online casino, which makes it highly desirable among operators. Gambling in the Isle of Man The Isle of Man is located between England and Ireland and is known, in addition … Continue
Obtaining an online gambling license is an important step in opening an online casino or sports betting business. Although some operators consider the application process to be complex and daunting, it is important to note that the long-term benefits of a license far outweigh the investment in money and time.
European Lotteries (EL), the European umbrella organization for national lotteries operating gambling, urges the EU Council to exclude the explicit mention of online gambling and betting services from the Digital Services Act (DSA). The European Organization of National Lotteries has sent a request to the EU Council calling for the exclusion of online gambling and betting services from the Digital Services Act (DSA), a legislative … Continue
Szilaghi Consulting
Calea Dorobantilor 89, Bl X3, Sc 1, Ap 2, Cluj Napoca, CJ, 400609, Romania
